43 COSBY Avenue, St. Catharines, ON L2M 5R7
Facer · L2M 5R7
$639,000
$581 / sq ft1 months on market
- Bedrooms
- 6
- Bathrooms
- 3
- Interior
- 1,100 sf
- Parking
- 6
- Lot
- 40 × 90 ft
- Age
- 51-99 years
What's special
- Detached garage
- Central air
- Finished basement
About this property
Fully occupied three-unit income property generates almost $60,000 in annual gross rental income with an impressive 7.0% cap rate. Each updated suite features modernized flooring, kitchens, and bathrooms, while major capital improvements include a new central air conditioner (2025), roof (2018), furnace (2018), and two 100-amp electrical panels. Investors will appreciate the separately metered hydro, ample on-site parking, detached garage, and fully occupied units providing immediate cash flow from day one. The current rental income offers an attractive return today while still allowing room for future growth as rents continue to align with market levels over time. Located in the heart of St. Catharines, just minutes to Highway 406, downtown, shopping, public transit, Brock University, and everyday amenities, this property is well-positioned in one of Niagara's strongest rental markets. Whether you're adding to an established portfolio or purchasing your first income property, opportunities offering this combination of strong returns, significant capital updates, stable tenancy, and rental upside are increasingly difficult to find.
Features
- Other
Property details
Property
- Property type
- multiplex
- Bedrooms
- 6
- Bathrooms
- 3
- Interior size
- 1,100 sq ft
- Year built
- 51-99
- Lot size
- 40 × 90 ft
- Zoning
- R2
- Possession
- Flexible
Interior
- Basement
- Finished, Full
- Heating
- Forced Air · Gas
- Cooling
- Central Air
- Exposure
- West
Exterior & services
- Construction
- Vinyl Siding
- Garage
- Detached
- Parking spaces
- 6
- Sewer
- Sewer
Costs
- List price
- $639,000
- Property taxes
- $3,179 / year (2025)
- Price per sq ft
- $581
- Rental items
- Hot Water Tank
Listing
- MLS® number
- X13857566
- Status
- For sale
- Listed
- October 2, 2026
- Days on market
- 33
- Last updated
- October 2, 2026
- Listing brokerage
- REVEL Realty Inc., Brokerage
Price & sale history
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced in line with comparable listings — about 59% of comparable multiplex listings in St. Catharines are asking less.
- This home
- $581 / sq ft
- Comparable median
- $404 / sq ft
Based on 32 comparable active multiplex listings in St. Catharines. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $3,318.06
- Property tax (est.)
- $264.92
- Estimated monthly
- $3,583
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $9,255
- Total due on closing
- $9,255
An estimate on the asking price of $639,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of REVEL Realty Inc., Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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